Containing the Subprime Fallout

Containing the Subprime Fallout

Containing the Subprime Fallout, September 2007
Without question, 2007 has been a rough year for the housing market, with home values plummeting and foreclosure rates doing the opposite. The situation may get worse before it gets better, as mortgage industry experts predict that more than two million more subprime adjustable rate mortgage loans may go into default over the next few years [click title to continue reading].

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